Common use of Effective Date Term Termination Clause in Contracts

Effective Date Term Termination. A. This Agreement is effective as of the Effective Date first herein written and shall continue in full force and effect for as long as the Roadway remains on the Railroad’s property. B. The Railroad, if it so elects, may terminate this Agreement effective upon delivery of written notice to the Political Body in the event the Political Body does not commence construction on the portion of the Project located on the Railroad’s property within twelve (12) months from the Effective Date. C. If the Agreement is terminated as provided above, or for any other reason, the Political Body shall pay to the Railroad all actual costs incurred by the Railroad in connection with the Project up to the date of termination, including, without limitation, all actual costs incurred by the Railroad in connection with reviewing any preliminary or final Project Plans.

Appears in 9 contracts

Samples: Public Highway at Grade Crossing Agreement, Public Highway at Grade Crossing Agreement, Public Highway at Grade Crossing Agreement

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Effective Date Term Termination. A. This Agreement is effective as of the Effective Date first herein written and shall continue in full force and effect for as long as the Roadway Structure remains on within the Railroad’s propertyCrossing Area. B. The Railroad, if it so elects, may terminate this Agreement effective upon delivery of written notice to the Political Body in the event the Political Body does not commence construction on the portion of the Project located on the Railroad’s property Crossing Area within twelve (12) months from after the Effective Date. C. If the this Agreement is terminated as provided above, or for any other reason, the Political Body shall pay to the Railroad all actual costs incurred by the Railroad in connection with the Project up to the date of termination, including, without limitation, all actual costs incurred by the Railroad in connection with reviewing any preliminary or final Project plans, including the Plans.

Appears in 2 contracts

Samples: Public Highway Overpass Agreement, Public Pedestrian Overpass Agreement

Effective Date Term Termination. A. This Agreement is effective as of the Effective Date first herein written and shall continue in full force and effect for as long as the Roadway Structure remains on the Railroad’s property. B. The Railroad, if it so elects, may terminate this Agreement effective upon delivery of written notice to the Political Body in the event the Political Body does not commence construction on the portion of the Project located on the Railroad’s property within twelve (12) months from the Effective Date. C. If the Agreement is terminated as provided above, or for any other reason, the Political Body shall pay to the Railroad all actual costs incurred by the Railroad in connection with the Project up to the date of termination, including, without limitation, all actual costs incurred by the Railroad in connection with reviewing any preliminary or final Project Plans.

Appears in 1 contract

Samples: Public Highway Overpass Agreement

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Effective Date Term Termination. A. This Agreement is effective as of the Effective Date first herein written and shall continue in full force and effect for as long as the Roadway Multi-Use Path remains on the Railroad’s property. B. The Railroad, if it so elects, may terminate this Agreement effective upon delivery of written notice to the Political Body District in the event the Political Body District does not commence construction on the portion of the Project located on the Railroad’s property within twelve (12) months from the Effective Date. C. If the Agreement is terminated as provided above, or for any other reason, the Political Body District shall pay to the Railroad all actual costs incurred by the Railroad in connection with the Project up to the date of termination, including, without limitation, all actual costs incurred by the Railroad in connection with reviewing any preliminary or final Project Plans.

Appears in 1 contract

Samples: Public Highway at Grade Crossing Agreement

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